Former Republican presidential candidate Newt Gingrich defended Mitt Romney’s
$4.8 trillion tax-cut plan and cited four pieces of evidence that support its
First, Romney has indicated he will scale down the tax break
if he can’t get Congress to close the necessary tax loopholes to make the math
work, Gingrich said Sunday on NBC’s “Meet the Press.”
said there is a “genuine intellectual argument” about taking into account the
economic growth that occurs as a result of an across-the-board tax cut, pointing
out that the Simpson-Bowles analysis of the proposed budget doesn’t factor that
in to the equation.
Third, Romney’s domestic-energy plan will lead to
$750 billion in royalties coming into the United States during the next two
decades, Gingrich said.
Lastly, Gingrich said Romney has stated wealthy
Americans will not get a tax break under the plan.
Gingrich said if
President Barack Obama disagrees with the numbers, he should have said so during
last week’s debate.
“The president of the United States had 90 minutes .
. . ,” he said. “Why didn’t he say it? Why didn’t he take Romney head-on? The
job of the president is supposed to be to be competent and to be able to stand
up for what he believes in and to be able to articulate what’s wrong. Mitt
Romney walked over him.”
Businessman Jack Welch’s public questioning of
the legitimacy of the Labor Department’s unemployment report, which calculated
the new rate at 7.8 percent, should prompt a discussion about trust.
reason people are losing respect for Washington is they’re losing respect for
Washington,” he said. “It’s not some . . . right-wing crazy thing. I don’t know
a single small-businessman or woman who believes that the next four years under
Obama are going to be good.”
Gingrich said “it was a significant help to
the president” that the rate came out at its lowest of Obama’s term in
“Imagine it [had] come out at 8.2 following that debate,” he
said. “People would have entered this weekend saying, ‘Well, that’s close to the
Read more on Newsmax.com: Gingrich:
‘Romney Walked Over’ Obama During Debate
I am Obama and here is the truth since I stole the presidency in 2008:
Unemployment has risen from 7.8% to over 15% since Obama took office.
The real U6 unemployment rate is approximately 19%.
National debt has risen from $10.7 Trillion to over $15.3 Trillion – Jan 2009- Mar 2012 US Treasury Dept.
Obama has accumulated over $ 5 trillion dollars in debt in 4 years.
Gas prices have risen from $1.84/gallon to over $3.79/gallon – Jan 2009 to Mar 2012 ABC News
Foreclosure total 7.7 Million since Obama stole office – Jan 2009-March 2012, Realty Trac
One in 5 Homes are still under water.
A record # 46.2 Million Americans in poverty – Sept 2011 US Census Bureau
Record # 46.1 Million Americans receive food stamps- Feb 2012 Dept of Agriculture
Obama stated Water Boarding is Torture, now I am taking credit for killing Osama when waterboarding and other interogating techniques were used to obtain information to find Osama. Those techniques were used when George Bush was President but not under my watch. I killed Osama not Bush!
Obama is a Muslim, hates America, the U.S. Constitution and was born in Kenya.
Obama is a Socialist
According to The Wall Street Journal, when you add up what the government spends on entitlement programs – like unemployment benefits, food stamps, Medicaid and Social Security – those payments make up 66% of the federal budget!
In other words, well OVER HALF the money that the government spends is in the form of handouts… money that is taken from one segment of the population and redistributed to another.
But that’s not the whole story…
In fact, according to the Heritage Foundation, 152 million Americans – 49.5% of the population – paid NO federal income tax in 2009!
That means half the population is living off the other half!
How’s That Hope and Change nonsense working for you America?
Wake up America before it is too late. BO Does not work for America!
Vote for BO once and you were an idiot. Vote for him twice and you are a traitor to America.
Stop Lying to America BO, you are a Muslim and Homo.